• Violation of any alcohol laws no matter how minuscule are important to the

A.L.E. and will be investigated.

BUDGET ORDINANCE

City of Lenoir ABC Board 125

Fiscal Year 2017 - 2018

BE IT ORDAINED by the City of Lenoir Board of Alcoholic Control, of Caldwell County, North Carolina, that the following ordinance establishing revenues and setting expense appropriations is hereby adopted and effective July 1, 2017, through June 30, 2018.

Section 1. Estimated Revenues. It is estimated that the revenues listed below will be available during the fiscal year beginning July 1, 2017 and ending June 30, 2018 to meet the operational and functional appropriations as set forth in Section 2, in accordance with the chart of accounts prescribed by the state ABC Commission.

Estimated Revenues:

Retail Sales $2,970,000

Mixed Beverage Sales $185,000

Wine Sales $10,000

Interest Income $400

$3,165,400

Section 2. Appropriations. The following expenses are hereby appropriated for fiscal year 2016-2017 and are funded by the revenues made available through Section 1, herein.

Appropriations:

Taxes Based on Revenue $724,700

Cost of Sales $1,687,000

Operating Expenses Total

Salaries & Wages $266,000

Board Service $5,400

Retirement Contributions $30,000

Social Security Expense $17,000

Medicare Expense $4,000

Technical Support $4,900

Off-Site Backup/Anti-Virus $1,200

Cable-Internet $3,100

Telephone $3,300

Utilities $15,000

Building Repairs & Maintenance $15,000

Health Insurance $44,000

Business Insurance $9,500

Convention/Travel $1,950

Professional Services $4,000

Service Charges-Credit Card $27,000

Service Charges-Bank $200

Dues & Subscriptions $800

Training Expense $100

Postage $850

Supplies/Paper Bags-Store $11,000

Printing/Supplies-Office $3,000

Cash Over/Short $200

Miscellaneous $2,000

Total Expenses $469,500

Capital Outlay:

Office Equipment/Software/Improvements $38,000

Debt Proceeds $0

Debt Service/Lease:

(define) $0

Distributions:

Law Enforcement $9,750

Alcohol Education & Rehab $9,750

Caldwell Co School Admin $26,700

City of Lenoir General Fund $200,000

$246,200

Working Capital Retained $0

(Appropriated Fund Balance) $0

Total Expense, Distribution & Reserve $753,700

Section 3. Copies of this Budget Ordinance shall be furnished to the City of Lenoir, the state ABC Commission, and to the Budget Officer and Finance Officer to be kept on file by them for their direction in the disbursement of funds.

Adopted by the City of Lenoir Board of Alcoholic Control this 28th day of June 2017.